As we noted last week, Congress screwed up the language of their health care bill at their own expense. But, thanks to Obama administration lawyers, members and their immediate personal staff might be able to keep their existing health insurance coverage — for now. The problem, as Heritage and others …
Today President Barack Obama’s National Commission on Fiscal Responsibility and Reform will convene for the first time at the White House. Tasked with making recommendations to Congress that would put the budget in primary balance by 2015 and “meaningfully improve” our nation’s long-term fiscal outlook, the commission meets a little …
Special interest handouts are not a pretty sight. Perhaps that is why lawmakers buried their latest one inside the bill reauthorizing the Federal Aviation Administration. Unfortunately putting handouts out of sight does not make them any better for the economy. At issue is the fierce competition between FedEx and the …
Addressing The Question of Global Warming, physicist and mathematician Freeman Dyson recently wrote in The New York Review of Books: There is a worldwide secular religion which we may call environmentalism, holding that we are stewards of the earth, that despoiling the planet with waste products of our luxurious living …
The Wall Street Journal reports that Barack Obama’s favorite capitalist, Warren Buffet, is seeking an exemption from Obama-endorsed derivatives rules for his insurance-and-everything conglomerate, Berkshire Hathaway. Derivatives are risk-shifting financial contracts that Buffet infamously described as “weapons of financial mass destruction.” After the 2008 financial crisis, Buffet decided to join …
During the debate on and after the Obama economic stimulus bill even some conservative economists were arguing the bill was needed to stabilize the economy. Similar arguments followed every successive “jobs bill” Congress has enacted, despite the growing embarrassment of self-indictment implied by these bills. It appears the economics profession …
President Barack Obama’s favorite rhetorical device is to lecture the American people about what are and are not “legitimate” public policy arguments. So throughout the health care debate, President Obama insisted that it was “not legitimate” to claim that “a public option is somehow a Trojan horse for a single-payer …
